Tag Archives: Chevy Bolt

Big Oil Companies Investing In EVs

The ECOreport reposts an Op-Ed about diversification, Big Oil companies investing in EVs

Originally Published on Oilprice.com

By Jon LeSage

Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030.
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$10 Billion PEV Market By 2020

The ECOreport looks at the LUX Research report predicting a $10 Billion PEV Market By 2020

By Roy L Hales

Screen-shot-2014-03-18-at-3.43.47-PMMichel Langezaal believes that electric cars could replace gas cars, as the vehicle of choice, within a decade. The tipping point will come after they have more range and are competitively priced. He said, “History shows us that once you hit 5% or 6%, if the product is better, then the breakthrough comes much quicker.” The latest LUX Research report is more conservative and predicts a $10 Billion PEV Market By 2020.

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